1.5 and -0.5 of previous bar's range

[vejay]

Hi,
Have anyone made an efs to mark or show 1.5 times and -0.5 times the previous bar's range ? This would be greatly helpful for taking xtl trades.
Study should just show two lines above and below from the previous bar.

Thanks,
Vijaybhalaji AP

[Doji3333]

Try this..

/*********************************************************
Sample code to mark bar ranges.
**********************************************************/

var nBarCounter = 0;

function preMain() {
    setStudyTitle("BarRange Marker");
    setCursorLabelName("BR", 0);
    setDefaultBarFgColor(Color.blue, 0);
    setDefaultBarThickness(1,0);
        
}

function main() {
   
   var vBR = high(-1) - low(-1);
   var vBR15High = high(-1) + (vBR * 1.5);
   var vBR15Low = low(-1) - (vBR * 1.5);

   var vBR5High = high(-1) + (vBR * 0.5);
   var vBR5Low = low(-1) - (vBR * 0.5);

   if (getBarState() == BARSTATE_NEWBAR) {
     nBarCounter += 1;

    drawLineRelative(-1, vBR15High ,1,vBR15High , PS_SOLID, 2, Color.maroon, "15Hline"+nBarCounter);
    drawLineRelative(-1, vBR15Low ,1,vBR15Low , PS_SOLID, 2, Color.maroon, "15Lline"+nBarCounter);
   

    drawLineRelative(-1, vBR5High ,1,vBR5High , PS_SOLID, 2, Color.blue, "5Hline"+nBarCounter);
    drawLineRelative(-1, vBR5Low ,1,vBR5Low , PS_SOLID, 2, Color.blue, "5Lline"+nBarCounter);

  }  //  end if new bar
    return ""+vBR;
} 

[vejay]

thanks

thanks. This is good. But it makes the whole chart messy. can you make it display only the previous bar lines and delete the others?